Looking to diversify beyond SBMBX? The mutual funds below have historically moved differently from SBMBX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SBMBX
35 mutual funds have low correlation with SBMBX (below 0.3), 1 of which are negatively correlated. The least correlated is Saratoga Municipal Bond Portfolio (SMBPX) (Ultrashort Bond) with a 1Y correlation of -0.00, roughly unchanged from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Saratoga Municipal Bond Portfolio | -0.00 | 0.05 | 0.02 | 95 | Ultrashort Bond | SBMBX vs SMBPX | |
| NXG Cushing® Midstream Energy Fund | 0.08 | 0.31 | 0.50 | 58 | Energy Equities | SBMBX vs SRV | |
| Saratoga Health & Biotechnology Fund | 0.12 | 0.29 | 0.34 | 71 | Health & Biotech Equities | SBMBX vs SHPAX | |
| Virtus Duff & Phelps Global Infrastructure Fund | 0.18 | 0.37 | 0.47 | 62 | Infrastructure Equities, Energy Equities | SBMBX vs PGUAX | |
| Goldman Sachs Global Infrastructure Fund | 0.18 | 0.38 | 0.51 | 59 | Infrastructure Equities, Energy Equities | SBMBX vs GGINX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SBMBX
Add SBMBX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SBMBX